Tuesday, December 4, 2012

October Laurelhurst Real Estate Summary


Thanks to Kim Dales for providing us with this neighborhood real estate activity monthly report:

Laurelhurst Fall Sunset


October  Laurelhust Real Estate Report

Fall is in the air and on the ground! What brilliant colors we experienced in October. As the leaves fell so did the number of new listings in our neighborhood with only 2 in October.

The good news is 9 homes sold with 6 on the market less than 25 days and an average price of $1,254,924.

We continue to benefit from low interest rates. Even if you are not planning to sell your home in the next few years you might want to research your re-financing options.

If you have any questions regarding sold or listed homes in our neighborhood feel free to call me at 206.235.7772 or email at kodales@windermere.com.

NEW LISTINGS          
Price Range                           Quantity
$650,000 - $699,999                1
$2,000,000+                             1
Total                                        2

Average Price: $2,394,500


PENDING INSPECTION
Price Range                         Quantity                     Average DOM*
$1,000,000 - $1,249,999            1                              21


PENDING
Price Range                       Quantity                      Average DOM
$500,000 - $549,999                 1                               22
$650,000 - $699,999                 1                               34
$1,000,000 - $1,249,999          1                                23
$1,250,000 - $1,499,999          1                               142
Total                                          4                               31

Average Price: $1,007,200


SOLD
Price Range                         Quantity                    Average DOM
$400,000 - $449,999              1                               22
$550,000 - $599,999              1                               14
$700,000 - $749,999              2                                 5
$750,000 - $799,999              1                                 8
$1,000,000 - $1,249,999        1                                 87
$1,250,000 - $1,499,999        1                                 43
$1,750,000 - $1,999,999        1                                  6
$2,000,000+                           1                                  51
Total                                       9                                 32

Average Price: $1,254,924

DOM=Days On Market

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